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News in English (USA) / 24.02.2025 / 18:00

Stock Market Plummets Amid Economic Concerns and Tariff Worries

The stock market experienced significant declines recently, with the S&P 500 and Dow Jones facing notable sell-offs. The Dow tumbled nearly 750 points, attributed to rising inflation fears and looming tariff concerns that unsettled both investors and consumers. Major companies like Walmart provided disappointing forecasts, triggering worries about consumer demand. Weak economic data compounded the situation, leading to the worst week for the market since the inauguration of the previous administration. As a result, major indices including the S&P 500 and Nasdaq also recorded steep declines, reflecting a broader sentiment of anxiety regarding the economy.
CNBC, "Investors Business Daily", The Economic Times, CNN, The New York Times, Business Insider, The Associated Press, Seeking Alpha, 6ABC Philadelphia, Yahoo Finance